Auxly Cannabis Group Inc (CBWTF)

[Spetty772002]

I made that mistake with Aurora. I was in at .70. I did the #'s and thought they were going to $6-8 within 18-24 months. It ran to over $2 very quickly and then started pulling back. I thought the same way you were and I sold, but it got away from me and I never ended up buying back in. Hold tight man, take a long-term view and you'll be richly rewarded. The #'s don't lie. I performed the same financial analysis on CBW that I did on Aurora, and I believe that between 24-36 months this will be a $25+ stock. They'll be receiving 450 million grams a year at an avg adjusted EBITA of $5.25/gram. The company claims that based on streaming/royalty companies in the mining industry's multiples, they should be valued at 19X forward EBITA, but just give it a 10X multiple and assume a billion total shares (which is way higher than it will actually be). Do the math on those #'s and the answer becomes clear.